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| Yesterday’s UK 100 Leaders | Price (p) | % Chg |
| EASYJET PLC | 1,407.5 | 2.7% |
| HARGREAVES LANSDOWN PLC | 1,911.5 | 2.1% |
| MEGGITT PLC | 673.2 | 2.1% |
| BT GROUP PLC | 195.9 | 2.0% |
| COMPASS GROUP PLC | 1,897.5 | 2.0% |
| Yesterday’s UK 100 Laggards | Price (p) | % Chg |
| NMC HEALTH PLC | 1257.5 | ##### |
| TUI AG-DI | 927.4 | -4.6% |
| BRITISH LAND CO PLC | 602.8 | -2.6% |
| WM MORRISON SUPERMARKETS | 190.8 | -2.4% |
| AUTO TRADER GROUP PLC | 558.2 | -2.1% |
| Major World Indices | Price | % Chg | 1 Year |
| UK 100 INDEX | 7,575 | 0.0% | 10.4% |
| DOW JONES INDUS. AVG | 28,745 | 0.6% | 20.8% |
| DAX INDEX | 13,320 | 0.7% | 23.3% |
| NIKKEI 225 | 23,205 | -1.6% | 13.6% |
| S&P/ASX 200 INDEX | 6,818 | -0.1% | 18.0% |
| Commodities | Units | Price | % Chg |
| WTI Crude Oil (Nymex) | USD/bbl. | 60.05 | -4.23% |
| Brent Crude (ICE) | USD/bbl. | 65.81 | -3.60% |
| Gold Spot | USD/t oz. | 1,556 | -1.2% |
| Copper (Comex) | USd/lb. | 281 | 0.5% |
Click graph to enlarge
UK 100 called to open +30 points at 7604; Stocks in Asia extended a rally that began in America after the U.S. and Iran appeared to be stepping back from a deeper military conflict. Global investors breathed a sigh of relief UK 100 futures drifted higher with S&P 500 contracts. Haven assets including Treasuries and gold rose, signalling some skittishness after several missiles struck the Green Zone in Baghdad. The Dow Jones closed yesterday at 28,745 (+161 points), The S&P closed at 3,253 (+15 points) & the Nasdaq closed at 9,129 (+60 points). In Asia the positive sentiment continued, with the Nikkei closing at 23,739 (+535 points) & the Hang seng completing a green sweep of major indices closed at 28,482 (+394 points). Oil picked up overnight due to missile strike in Baghdad, trading at $66.27 at time of writing. Similar concerns caused gold to pick up $6 from its floor overnight. Trading at $1546 at time of writing.
Dunelm reports higher HY pre-tax profit. Like-for-like sales +5% in Q2, total sales for HY +5.6% with total growth +6%. Expect profit before tax to be approx £83m. FY expectations remain unchanged.
Galliford Try reports that underlying construction business continues to perform well, with a high quality order book of £3.2bn and cash balance of £225m. Results are in line with expectations for FY guidance. They expect performance to be weighted to H2 due to both market uncertainty and settlement of certain claims in H1.
Marks & Spencer reported a slight rise in underlying sales in its Christmas quarter with like-for-like sales +0.2%. Food sales +1.4% ahead of analysts average forecasts of +1.1% increase. Clothing and home sales fell -1.7%, which was below analysts expectations of -0.8% decline. FY guidance is unchanged.
Tesco posted a +0.1% rise in UK like-for-like sales during a ‘subdued’ Christmas for consumer spending. This was against average analyst forecasts of +0.2% rise.
Source: Bloomberg, FT, Reuters, DJ Newswires, AlphaTerminal
Tesco, Dunelm, Marks & Spencer
Enquest upgraded to Overweight by Barclays (Bloomberg: 1 Buy/ 4 Holds/ 2 Sells)
Tullow Oil Downgraded to Equalweight by Barclays (Bloomberg: 6 Buy/ 13 Holds/ 2 Sells)
Chinese Consumer Price Index
German Industrial Production
UK 100 :
Aveva
:
Brewin Dolphin Holdings
Paragon Banking Group
WH Smith
UDG Healthcare
Workspace Group
AJ Bell
QinetiQ Group
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